🚨 The UK economy has officially slipped into recession during the second half of 2023, according to the latest data from the Office for National Statistics (ONS).
📉 In the three months leading up to December, the economy shrank by 0.3%, following a 0.1% contraction between July and September. This back-to-back decline highlights ongoing economic challenges for Britain.
🔍 Economists are closely watching these trends as they assess the potential impacts on jobs, businesses, and everyday life for residents. Stay tuned to NewspaperAmigo.com for more updates on this developing story! 🌍💬✨
Reference(s):
cgtn.com